Choosing the Best Green Home Builder

Today many people are “going green”, which means that they are becoming environmentally friendly in how they live their lives and minimizing the harm done to the earth. When some people decide to build their home from the bottom up, they decide to have a green home builder build their home. This contractor would build their home with low environmental and energy efficiency in mind. To find a green home builder you should talk to the contractors in your area. Some that will travel to your area to build your home but their services will add more expense to the cost of your home.

To ensure that you will have the best green home builder ask them what type of building material they will use. You should also inquire about their disposal methods to make sure they are in compliant with sustainability practices. The materials that they should use are non-toxic when possible, and environmentally friendly. They should also be materials that come from renewable sources, or sustainable material. This can include materials from homes that have been knocked down. This material can include old doors, cabinets, some of the wood to accent the home such as using the material for ceiling beams, and more. They should try to avoid using plastics and choose their wood carefully. You should ask to see examples of the green projects they have completed. Their construction philosophy should focus on green building. It should not just focus on using green techniques as a secondary technique. Make sure that the contract you sign states that it will be constructed from sustainable and green material.

A home builder may tell you that they are using green building techniques but it could be easy for them to start using less environmentally friendly techniques and designs to save money on materials so they can put more money in their pockets. This is why you need to be sure that they are a reputable home builder and have good references as a green construction company. They need to be knowledgeable about green techniques and processes and committed to green construction and design. If you want your new green custom built home to be built using unconventional techniques make sure the home builder can demonstrate they understand the techniques you want and can do them correctly.

Before you choose a green home builder, you should educate yourself on what constitutes a green home and the process to build one. This will help you to determine a good green home builder and to know if they are cutting corners using non-environmentally friendly material. Having a green home can save you money on heating and cooling costs, and if sustainable material is used it can save these materials from being disposed of improperly.

Choosing the Right Home Builder For Your New Home

Not every person likes to buy an existing home when shopping for that dream spot on earth. For those who want to be the first one living in that new home, a home builder will pose the first obstacle in the building project.

In order to choose just the right builder for your project, you will first need to decide which type of house you will want to have constructed. There are two types of builders. The production builder and the custom builder.

The Production Home Builder

The production home is one that is designed on a large scale and mass produced as a “model”. These models are often changed up a bit with available customizations and upgrades to the home. These upgrades are offered as part of a package added onto a base model home.

Production homes are often offered at a base price with additional costs being added to the final price for those last minute touches. When choosing a production home builder, it is best to buy the home as a package with all of the appliances and upgrades included. Adding these items individually can drive the price up higher than the market value may allow; leaving the owner with immediate negative equity in the home.

The Custom Builder

For the potential home owner who wants to build a home from scratch, a custom home builder will be able to help you along the process of planning the home and attaining all of the permits needed for the build. The potential home owner will have to purchase a plot of land, have the land surveyed and choose a set of plans for their home.

When choosing custom plans for a home, remember that these plans are only a guide. A custom home builder will be able to adjust the plans to your specifications before the final plans for the home are set in stone.

As the home progresses, the extra costs associated with incidentals will need to be taken into consideration when pricing the home and staying within budget.

Real estate is an investment and while many people love the immediate nature of buying an established home, for those who want to own a home of their own that is customized to their wants and needs of a builder is one of the best options.

How to Find a Custom or Luxury Home Builder

Everyone wants to live in a house where they feel comfortable with. Your home is one of your most important investments. It is important that you do a thorough research about home builders. Custom builders can help you build the home of your dreams. They will be able to take into consideration factors of building your home such as your budget, design, and other preferences. If you are looking for luxury home builders here are some tips for you.

· Create a list of local builders in your area – This is the first step that you should do so as to know how to narrow down all these possible home builders.

· Call or visit the local construction material vendors – These people can actually refer builders for houses who have good reputations. This way you can narrow down your list to your top picks and choose the best among them.

· Ask for your neighbors for referrals – If you find someone who owns a luxurious home that you like, you can ask them to refer the builder that made their home as well. Referrals from relatives, friends and neighbors can be a good source of quality builders.

· Do a background check of your prospect builders – You might have already gotten a few referrals and this time you need to see for yourself if these prospect construction builders are capable of doing the job you want them to do. The best way to check the quality of their work is by asking homeowners who have hired them to build their homes.

· Check the quality of materials used – When you go for a background check, check also the quality of material used for construction. If it is a luxury, it is understood that the materials used costs more than normal. This also means that the quality of these materials is better. A quality construction builder service provides you with construction materials worth using to build the home of your dreams.

There might be a lot of things to do if you are looking for a quality house builder. All the effort is going to be paid if when you feel secure that you will also build a sturdy home that you and your family will be able to stay with for a long period of time. Custom house builders, as well as custom home builders can suggest you new ideas and designs for your ideal home. They can assist you in building a home that can offer you luxury and comfort. Luxury home builders would be easier to find if you know how to narrow down the list of your possible builder for your new home.

How to Become a Professional Home Builder – Part I

Over the years I’ve had many of our builder students ask pertinent questions such as what size home do I build; what do I put in it; where do I build it? Looking back it’s easy for me to make these decisions now, but when I first started building in 1975 these were trial and error situations. And my hindsight is crystal clear. It’s very easy for me to look back and see things I wished I had known when I first started building. That’s what you’re going to learn in this article.

You’ll learn the pros and cons of being a speculative or spec builder (as opposed to a contract builder.) If you’re not familiar with those terms, a spec builder is one who will select a site, choose a design, build a home and then sell it to a client. A contract builder is a builder that you hire to build a home for you. By the way, spec building is how I suggest you begin rather than building a home for somebody else. I’ll explain why later.

I’ll begin by showing you how to be one of the best spec builders in your area, even if you’ve never before built a home. I’ll expand this information by discussing points that are unique to spec building. Next I’ll discuss points that are unique to contract building, and points that pertain to both spec and contract building.

A Word Of Caution

I want to stress that when starting your construction business, you must separate your business from your personal life. In the early 70’s I was in real estate commercial sales. I barely survived a major recession. Almost everything I owned was in my name and most of it was repossessed. Had I known then what I know now, I’d have retained that large home, that Mercedes and that airplane.

In the construction industry there are many things that can happen to you, some of which you have absolutely no control over. According to the 2008 Annual Report by the National Center for State Courts, in 2007 Americans filed over 90 million lawsuits, more than a third of which were civil cases. This does not include the volumes of legal disputes that were settled before a lawsuit was ever filed. Based on the sheer number of legal disputes that arise, in and out of court, one could say that most Americans run the risk of being involved in a legal dispute at some point in their lives – for many people, more than once. This is especially true for those who work in professions with high lawsuit vulnerability such as doctors, dentists and, yes, especially builders! You should invest in hiring professionals to help you protect your assets. It’s easier than you may realize. This is one time you can’t procrastinate. I can tell you some great horror stories but I don’t want to scare you this early in the game. Anyway, don’t live in fear of what might happen. You only lose if you don’t play.

I. Speculative Building

A. How To Be One Of The Best Spec Builders In Your Area

Before you buy a lot, before you buy any house plans, the first thing I want you to do is put together your success team. I call this the Henry Ford philosophy. If you read about Henry Ford, you’d learn that some people considered him to be illiterate. He once sued a Chicago newspaper that wrote an article claiming he was illiterate. In the lawsuit, Henry Ford emphasized that he didn’t need to know everything about everything because he hired experts to assist him in all that he wanted to do. This left his mind free and clear to do all the things that he really knew how to do. Well, I’ve learned from that philosophy myself over the years. I realize there is not enough time in this life to do everything. I now hire experts to assist me in my decision-making, and it has been a positive factor in my success building homes.

Your success team should include the following:

1. Real Estate Agent

2. Landscape Architect

3. Artist/Architect

4. Kitchen/Bath Designer

5. Interior Designer

6. Lighting Designer

I’ll discuss each of these team members in detail as we go through the course. Don’t be concerned. When you start out, you don’t need the best. These team members are more affordable than you could possibly imagine.

B. Obtaining Your First Loan

Let me tell you a story. And the further you get away from this story, the harder it’s going to be to borrow money to get started.

Let’s assume that you’re gainfully employed. If you’re not employed, but instead are self-employed, then you have to have a high credit score or produce tax returns for the past three years to qualify for the loan. If you currently rent a home or apartment and you want to build a home for yourself, you’re a prime candidate to borrow money to build a home – for yourself. So, you get the money. You build a home. You put it on the market during construction. You sell it. You go to the bank. You borrow money under the same premise. You get the money. You build a home. Put it up for sale. Sell it. Do it over and over again and pretty soon you walk into the bank and the banker looks at you and says, gosh, you should become a home builder. And you are.

Now, that’s the easiest way to get started. Most every builder I know got started in the industry this way. This method will also provide you with the least risk. Why? Because if you don’t sell the home you’ll simply move into it. In turn, this will make it easier for you to sell because a home that is furnished will normally sell faster than an unfurnished home. You’ll eventually sell it and can start the process again. The bad news is that you may be moving a lot. I remember one couple that wanted to own a home free and clear. They used this method on five homes, plowing their profit back into each home. Their sixth home was constructed completely from cash. They owned it free and clear and got out of the construction business. They simply wanted to do what it took to own their home free and clear.

The further you get away from the above scenario, the harder it is to get the initial loan when you’re just getting started.

For example, let’s say that you currently own a home and you want to borrow money to build another home for yourself. A banker will generally be negative. They tend to look at the downside and might comment something like this. “That sounds real good but you currently own a home. What are you going to do with your current home?” Your response is, “I’ll put it up for sale during the construction of this new home and then I’ll sell it.” The banker comments, “That sounds pretty good, but what if you don’t sell your current home?” The banker generally looks at the downside – that is you’re going to be stuck with two house payments. If you’re able to show you can afford two house payments, you may very well get the money.

You always have to have a successful conclusion to your story you tell the banker. Never look at the banker and say, “Well gosh; I’m only borrowing 70% of the appraised value. If the bank had to repossess the home the bank would have a bargain. The bank could sell the home, and make a good return on its investment.” Never use this kind of logic on a banker. Bankers don’t want to be in the homeowner business. Never imply or even think in your mind this will happen.

If you’re not gainfully employed or you have a problem with your credit or you have no cash, your next best method is to find an investor that will joint venture a project with you. I’ve done this on many large projects when I didn’t have the finances to afford it myself. What I normally did was to structure the investment so that the joint venture partner would put up very little or no money. Investors really like that! What I needed was their strong financial statement. Understand, there are many investors, such as medical doctors, who have tremendous financial statements but they have very little cash. So if you can structure the investment so that it requires very little or no cash, it becomes a relatively easy investment to sell. When I’ve worked with a joint venture partner, after selling the investment, the investor would be repaid any cash he had invested, plus a fair interest rate that was agreed upon up front. All remaining profits would be split 50% to me and 50% to the investor. Normally in a situation like this, the investor would let me deduct any out-of-pocket expenses but, understandably, they would not let me take any salary.

You would not believe some of the wild, crazy, ridiculous investments requiring large amounts of cash I’ve seen these people put money into. Many of them have the same luck in the stock market that I have. These people should feel blessed that you came into their lives with a viable real estate investment. I’ve found these people by talking to friends, going to investment seminars and running ads in the paper.

How to Choose the Right Custom Home Builder Helping You Build Your Dream Home

Have you made up your mind to renovate or build a new house? Don’t know where to start from? Why not start with hiring the right planner that fit your needs, stay within your budget and help you construct a quality home that not only fulfill all your desires but also provide the personal attention that you deserve!

Believe it or not, finding the best contractor for carrying out your home improvement process is a nerve-racking task to kick-off with. With so many options available in the market these days, it becomes more and more difficult to choose an ideal designer that not only designs a custom dwelling for you, but also makes your dreams come to life by providing you with top quality service and craftsmanship at each phase of the home renovation process.

Choosing the right construction company is one of the most crucial decisions you’ll have to take in your home renovation process in order to construct the abode of your dreams. So, it is important that you make use of some proven techniques so as to speed up your research & selection process and prevent your home-building experience from becoming a nightmare.

Step #1: Define your needs

It is important that you determine both your current and future requirements for your house, which includes size, design, price range, type of abode, and so on. Also, you can do a bit research by visiting different home builders’ websites and checking out different designs they provide.

Step #2: Hire an experienced architect rather than a new one

Choosing an experienced and well-recognized designer is the most important step to consider when it comes to fulfilling all your basic home building requirements, which includes budget handling, customer satisfaction, warranty & service, and more.

Step #3: Ask for referrals

When it comes to finding the right custom home builder, you must ask your friends, family, colleagues or even your neighbors for recommendations.

Step #4: Make sure the company is licensed and insured

It is important that you ask for licensing and insurance as this will legalize everything and will put an end to corruption.

Step #5: Choose the right home builder

No matter what your requirements are, picking the right designer can help you carry out the complete home improvement process in a sophisticated fashion and take your lifestyle to the next level. They play an indispensable part in making the process trouble-free and reverent.